IRBT•benzinga•
Why Is Consumer Robot Maker iRobot Stock Plunging Today?
Summary
iRobot stock dropped in premarket trading after reporting a 44% year-over-year decline in Q4 sales to $172.03 million. Adjusted EPS of $(2.06) missed expectations, and gross margins fell sharply. The company also initiated a strategic review to explore refinancing, potential sales, and other alternatives.
Original Article
Read the full article from the original source for complete details and context.
Read Full ArticleArticle published on March 12, 2025 by benzinga